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by mensetmanusman 850 days ago
It’s possible that the machines are operating on a type of population arbitrage principle.

E.g. with much smaller markets, many small components will be uneconomical to build and will not be available to the complex machinery required to mine at scale. Therefore, they will break down and be replaced by much less efficient but easier to maintain equipment thus decreasing quality of life for everyone in a negative feedback loop.

(I’m a proponent of this belief, and expect it to apply to the semiconductor industry as well, esp. as SK/APEC engineers start to retire en masse.)